Fidelity Investments To Offer Cryptocurrency Trading In Coming Weeks

2019-05-09

Fidelity Investments announced that it will offer cryptocurrency trading within the next few weeks. The trading is to be aimed at institutional rather than retail investors, a decision in line with Fidelity’s recent survey showing that up to 40% of institutional investors will enter the cryptocurrency space within the next 5 years.

“Reports that Fidelity Investments plans to offer cryptocurrency trading within the next few weeks signifies further incorporation of decentralized financial instruments into the traditional space. Large enterprises are driven by market demand for investment products and as the crypto industry matures digital assets are becoming popular. Institutional investors want to ensure they take advantage of the opportunities presented by decentralized finance. Whatever the initial opinions of cryptocurrency may have been in traditional markets, it has quickly become an unavoidable market force.”

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